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Congressional Budget Office: Immigration Makes America Stronger and Richer
By Curt_Anderson
February 14, 2024 7:17 pm
Category: Business

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“C.B.O. now expects the labor force to have 5.2 million more people in 2033 than the agency projected last year. Most of that increase results from additional foreign nationals in C.B.O.’s new population projections.”


That will boost the overall economy by $7 trillion over the next decade, the C.B.O. said, and add $1 trillion to the Treasury.

In CBO’s current projections, the number of people who are working or actively seeking employment continues to expand at a moderate pace through 2026. Higher population growth in those years, mainly from increased immigration, more than offsets a decline in labor force participation due to slowing demand for workers and the rising average age of the population. A large proportion of recent and projected immigrants are expected to be 25 to 54 years old—adults in their prime working years.


Get it? Immigrants are more likely than the native-born to be of prime working age and that's good for our economy.

Cited and related links:

  1. cbo.gov
  2. nytimes.com

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Comments on "Congressional Budget Office: Immigration Makes America Stronger and Richer":

  1. by oldedude on February 15, 2024 5:33 am
    Yeah, and just think those legal folks trying to get entry level jobs that are now "reserved" for the illegals because a company can pay them 1/3 of what they do a citizen. Or the kids that aren't in schools because they're housing non-citizens in the schools the local taxes are paying for by the citizens. Or the towns and cities that are being taken over by the cartels. Or the number of CHINESE illegals coming across our borders.
    nypost.com
    finance.yahoo.com
    msn.com


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